SEC Form 4 · accession 0001209191-17-063129
REPUBLIC SERVICES, INC. · RSG
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Donald W Slager
Officer — President and CEO · Director
Period of report
Nov 29, 2017
Accepted (ET)
Nov 30, 2017 · 9:13 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001060391
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common StockF1 | Nov 29, 2017 | M | 98,132 | $30.05 | A | 322,541 | D | |
| Common Stock | Nov 29, 2017 | S | 60,516 | $64.00 | D | 262,025 | D | |
| Common Stock | Nov 29, 2017 | S | 37,616 | $64.50 | D | 224,409 | D | |
| Common StockF2 | Nov 30, 2017 | M | 55,321 | $30.05 | A | 279,730 | D | |
| Common Stock | Nov 30, 2017 | S | 55,321 | $64.50 | D | 224,409 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Common Stock OptionF1,F3 | $30.05 | Nov 29, 2017 | M | 98,132 | D | — | Jan 3, 2018 | Common Stock | 98,132 | 55,321 | D |
| Common Stock OptionF2 | $30.05 | Nov 30, 2017 | M | 55,321 | D | — | Jan 3, 2018 | Common Stock | 55,321 | 0 | D |
Explanation of responses
- F1On 11/29/2017, Mr. Slager exercised 98,132 options and sold 60,516 shares at $64.00 and 37,616 shares at $64.50 in accordance with his established Rule 10b5-1 Sales Plan executed on 11/07/2017 ("Plan"), and having a Plan start date of 11/10/2017 and Plan end date of 01/03/2018. Under the non-qualified stock option award (granted on 01/03/2011) and in accordance with the Plan, 153,453 options were available to exercise/sell, and after the 11/29/2017 transaction, 55,321 options remain available under the Plan to exercise/sell. The stock option grant is due to expire on 01/03/2018.
- F2On 11/30/2017, Mr. Slager exercised 55,321 options and sold such shares at $64.50 in accordance with his established Rule 10b5-1 Sales Plan executed on 11/07/2017 ("Plan"), and having a Plan start date of 11/10/2017 and Plan end date of 01/03/2018. Under the non-qualified stock option award (granted on 01/03/2011) and in accordance with the Plan, 55,321 options were available to exercise/sell, and after the 11/30/2017 transaction there were no remaining options available under this grant. The stock option grant is due to expire on 01/03/2018.
- F3As previously reported on the Form 4 filed with the SEC on 11/16/2017, Mr. Slager exercised and sold 32,421 options on 11/14/2017 from the non-qualified stock option award granted on 01/03/2011. 185,874 options were granted and fully vested and exercisable on 11/14/2017, and after the 11/14/2017 transaction, 153,453 options remained available to exercise/sell. This corrects the clerical error on the previously filed Form 4 that stated 60,516 options remained available to exercise/sell. The full grant is subject to the established Rule 10b5-1 Sales Plan executed on 11/07/2017 ("Plan"), and having a Plan start date of 11/10/2017 and Plan end date of 01/03/2018. The stock option grant is due to expire on 01/03/2018.